US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.

Massmart’s planned hearing at the Competition Tribunal began with a hitch on Tuesday, after the parties it sought to bring action against asked the tribunal not to listen to the matter.

Echo Polska Properties (EPP), in which South Africa’s Redefine Properties (JSE: RDF) holds a strategic 49.9% stake, is aiming to list on the Luxembourg Stock Exchange (LuxSE) in August 2016 followed by a listing on the Johannesburg Stock Exchange (JSE) in September 2016.

Mara Delta (formerly Delta Africa) announced that it is looking into investing a further US$ 110 million into Mozambique, by acquiring an additional four properties, as well as the second stage development of its Anadarko building.

Exciting opportunities arise in uncertain and difficult times, says Norman Raad, CEO of Broll Auctions and Sales.

Among others on offer at Broll Auctions and Sales next auction at 12h00 on Tuesday 2 August 2016 at the Wanderers Club in Illovo, Johannesburg, are three prime located properties in Meadowdale in Germiston, Gauteng.

With his extensive acumen as a property developer and investor, Jeff Zidel has been appointed President of the South African Council of Shopping Centres (SACSC).

Rebosis Property Fund changes the terms of its takeover deal with developer Billion Group following pressure from investors who said the retail-focused group was overpaying for some assets.

Attacq is a leading capital growth fund in the real estate sector founded in 2005. It acquired the Waterfall development rights in 2008.

Listed-sector interest in residential real estate grows, but only a few funds have managed to build sizeable portfolios.